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Staff explains non‑major fund entries and grant guidance during financial briefing
Summary
A staff member advised comparing Washtenaw County financial statements with a similar county, identified a "non-major fund" tied to outside customers, and said the 2024 reports will reflect a non‑major fund required by uniform grant guidance; no formal action or vote was recorded.
A staff member briefed attendees on how to present the county's financial statements and how grant-related entries should appear.
"Take a set of financial statements to the county of Wexford, look at the angle of of a similar size county," the staff member said, urging a peer comparison. The presenter pointed out an account labeled a "non major" fund that reflects activity serving "outside customers" rather than the government, and said the county would add 2024 figures for a non‑major fund that "is required by the uniform grant guidance." The speaker also said the county will not issue a standalone call but instead "issue what's called an in relationship bidding."
The briefing focused on presentation and accounting treatment rather than on a formal motion. No vote or formal decision on budgetary allocations appears in the transcript. The staff member framed the non‑major fund as related to servicing debt on behalf of taxpayers rather than servicing government operations, a distinction the presenter said should be reflected in the statements.
Next steps were not specified in the transcript; the staff member described procedural choices about how to present the information to auditors and how to handle procurement steps related to grants.
